DCHL(SH:900909)2021-04-29 16:00Financial Performance - Operating revenue for the first quarter reached CNY 8,652,262,513.03, a 44.83% increase year-on-year[6] - Net profit attributable to shareholders was CNY 609,459,223.35, a significant recovery from a loss of CNY 201,284,757.79 in the same period last year[6] - Basic earnings per share increased to CNY 0.29 from a loss of CNY 0.10 in the previous year[6] - The company reported a significant increase in net profit, indicating a positive outlook for future performance[6] - Net profit for Q1 2021 was ¥614,333,042.55, a significant increase of ¥903,746,702.01 compared to a net loss in Q1 2020[15] - Operating profit for Q1 2021 was ¥711,748,133.57, compared to an operating loss of ¥140,971,620.71 in the same period last year[31] - The total comprehensive income for Q1 2021 was ¥600,192,115.45, compared to a loss of ¥332,833,575.79 in Q1 2020[32] Cash Flow - Net cash flow from operating activities was CNY 126,144,608.28, a turnaround from a negative cash flow of CNY 523,727,374.45 last year[6] - Cash inflow from operating activities in Q1 2021 was CNY 10,396,199,762.52, a 42.8% increase from CNY 7,268,933,898.76 in Q1 2020[37] - Cash outflow for investing activities in Q1 2021 totaled CNY 1,510,400,025.81, significantly higher than CNY 782,382,310.54 in Q1 2020[38] - Net cash flow from financing activities in Q1 2021 was CNY 458,974,415.03, compared to a negative CNY 542,742,352.77 in Q1 2020[39] Assets and Liabilities - Total assets increased by 5.29% to CNY 48,004,884,002.73 compared to the end of the previous year[6] - Total liabilities increased to ¥26,133,899,181.75 from ¥24,477,592,842.73, marking a growth of around 6.8%[25] - Owner's equity reached ¥21,870,984,820.98, up from ¥21,115,179,225.24, which is an increase of about 3.6%[25] - Current liabilities rose to ¥19,864,108,199.65 compared to ¥19,388,178,247.70, reflecting an increase of approximately 2.5%[24] - Long-term borrowings increased by ¥883,703,403.33 or 52.58% to ¥2,564,335,339.99, reflecting adjustments in the company's borrowing structure[13] Shareholder Information - The total number of shareholders reached 59,946 by the end of the reporting period[10] - The top two shareholders, Shanghai Huayi (Group) Company and Shanghai Guosheng (Group) Co., Ltd., hold 42.01% and 22.22% of shares, respectively[11] Other Financial Metrics - The weighted average return on equity improved by 4.32 percentage points to 3.22%[6] - Non-recurring gains and losses totaled CNY 2,226,397.86 for the quarter[9] - Investment income for Q1 2021 was ¥87,503,459.60, an increase of 106.85% compared to the previous year, driven by higher profits from equity method investments[15] - Research and development expenses for Q1 2021 amounted to ¥96,366,839.78, up from ¥87,142,043.20 in Q1 2020[31] Changes in Financial Reporting - The company implemented new leasing standards effective January 1, 2021, impacting financial reporting[46] - The cumulative adjustment for the new leasing standard was reflected in the retained earnings and other related financial statement items[46] - The company has not made any retrospective adjustments to prior comparative data under the new leasing standards[51]